Indonesia’s future under Prabowo Subianto
Prabowo intends to raise the budget deficit cap, currently set by law at 3% of Indonesian GDP, as well as increase the government debt-to-GDP ratio from the current level of 38.11%...
Tag : Indonesia economy
Indonesia faces global pressure over ban on palm oil export
According to the country’s President it is a short-term measure....
Indonesian parliament decides to increase VAT next year
The new tax overhaul bill could lead to a new carbon tax and cancellation of a planned corporate tax cut...
Indonesia raises economic recovery budget to $49 bn
The budget for its National Economic Recovery (PEN) programme has been lifted several times now...
Covid-19 vaccine to support Indonesia’s economic recovery: President
Indonesia’s Minister of Health said nearly 1.5 mn medical workers would be inoculated by February...
Bank Indonesia makes key rate cut as economy slows down, exports drop
The ongoing US-China trade war has hit Indonesia’ s economy also as exports and Auxilliary raw material imports fell...
Indonesia requests special Belt and Road Initiative fund from China
Indonesian President Joko Widodo met China’s President Xi Jinping on the sidelines of the G20 summit in Japan...
Indonesia’s Q1 GDP growth falters as commodity prices fall
With the country being a major exporter of palm oil and coal, the drop in prices of the commodities has affected the GDP...
Indonesian economy remains robust
Partnership with private sector vital to closing infrastructure gap and boosting growth...